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Nov 5, 2013
11/13
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who was in the clinton and obama white house and if you believe what the press says, he either single -- he was single-handedly responsible for the economic crisis or if they had only listened we would not have had one. >> we are going to focus on the economic imprecations of the crisis because there are other things later. as i told the panelists i want to think about what we know now about 2008 and 2009 that was not so clear the time but also about 2013 and why we are where we are. let me start with you. you were chronologically. there are a lot of americans who say basically what happened here was wall street got bailed out and main street did not. after all the stock market is back in the banks are making money, we still have a lot of unemployment. so if somebody walked in off the street today and said to you, you guys did what you thought was right but basically wall street got bailed out and main street did not, what would you say to them? >> it was not the goal and i do not you was the outcome. the goal that president bush had in mind was making sure the economy kept functionin
who was in the clinton and obama white house and if you believe what the press says, he either single -- he was single-handedly responsible for the economic crisis or if they had only listened we would not have had one. >> we are going to focus on the economic imprecations of the crisis because there are other things later. as i told the panelists i want to think about what we know now about 2008 and 2009 that was not so clear the time but also about 2013 and why we are where we are. let...
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Nov 4, 2013
11/13
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in fact, in the months before president obama was sworn into office, we were shedding roughly 800,000 jobs a month, and our economy was shrinking at an 8.3% annual rate. there was real concern that the united states economy would not bounce back. but it did, thanks to the tenacity of the american people, the determination of the private sector, and the bold, decisive actions taken across government. right away the president moved to pull our economy out of the recession. he worked to put out the financial fires, stabilize the automakers, and jump start growth. in addition he pursued policies to fuel our economy into the future. that meant investing in education and infrastructure, fixing a health care system that was broken, creating new rules so our financial system works better for consumers, and investors, and locking in lower taxes for 98% of all americans. and lowering barriers so entrepreneurs and businesses can innovate, grow, and hire. because of these measures we're moving in the right direction. the positive signs are real. since 2009 our economy has been expanding. over the
in fact, in the months before president obama was sworn into office, we were shedding roughly 800,000 jobs a month, and our economy was shrinking at an 8.3% annual rate. there was real concern that the united states economy would not bounce back. but it did, thanks to the tenacity of the american people, the determination of the private sector, and the bold, decisive actions taken across government. right away the president moved to pull our economy out of the recession. he worked to put out...
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Nov 1, 2013
11/13
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white house team, valerie jarrett is a senior advisor to the president and a long-time confidant of the president. she oversees the office of public engagement and intergovernmental affairs and chairs the white house council on women and girls. prior to joining the obama administration, she was the chief executive officer of the habitat company. valerie has held positions in both the public and private sectors and hails from chicago before coming to washington, d.c. ladies and gentlemen, please give a warm welcome to valerie jarrett. [applause] >> well, good morning, everybody. you look fantastic out there. we are also delighted to be here. i would like to begin by congratulating secretary pritzker who has hit the ground running since her appointment. she has not only traveled around the world, but she gave a party and everyone showed up. i also want to give credit to former secretary gary locke who was the brainchild for this a few years ago. please stand up so we can welcome you. [applause] you will be hearing from president obama later today, but that me say a few words about why
white house team, valerie jarrett is a senior advisor to the president and a long-time confidant of the president. she oversees the office of public engagement and intergovernmental affairs and chairs the white house council on women and girls. prior to joining the obama administration, she was the chief executive officer of the habitat company. valerie has held positions in both the public and private sectors and hails from chicago before coming to washington, d.c. ladies and gentlemen, please...
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Nov 1, 2013
11/13
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mel watt to head up the federal housing finance regulator, as well as a federal appeals court judge for the district of columbia circuit , who both faced being blocked by the senate thanks to a republican-led filibuster of each nominee. each nominee failed to get the 60 votes required to advance with just a couple of republicans in each case voting yes on the motion to limit debate. >> tell us about mel watt nomination. he is a former member of congress, a well-known figure on capitol hill. how much support did it have when the president made the nomination and going into today's procedural vote? >> there was a lot of support locally for congressman watt who now at least will still be in the house, i believe, at least for the foreseeable future. he had support back home, certainly support on the left, but richard burr, north carolina's republican senator, also backed the nomination of his home state colleague. but there was considerable concern among many republicans that he did not have the requisite qualifications in their view for the job. that was despite the fact that mr. watt
mel watt to head up the federal housing finance regulator, as well as a federal appeals court judge for the district of columbia circuit , who both faced being blocked by the senate thanks to a republican-led filibuster of each nominee. each nominee failed to get the 60 votes required to advance with just a couple of republicans in each case voting yes on the motion to limit debate. >> tell us about mel watt nomination. he is a former member of congress, a well-known figure on capitol...
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Nov 5, 2013
11/13
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according to cbs news one of president obama's top outside health care advisors sent the white house a memo back in may of 2010 warning them that obamacare was spiraling out of control. this memo came from harvard economist david cutler and readed, "i don't believe the relevant members of the administration understand the president's vision or have the capability to carry it out. you need to have people who have the understanding of the political process, people who understand how to work within the administration, and people who understand how to start and to build a business and, unfortunately, they just didn't get all of those people together." republicans have for years been warning that this government takeover of one-sixth of our economy, this central planning scheme, social engineering, if you will, that it wouldn't work. at the very least, the federal government has proven itself incompetent on making something this big and this complicated and this expensive work, as advertised. it's becoming increasingly clear. we spentsdz years warning that obamacare would force many ameri
according to cbs news one of president obama's top outside health care advisors sent the white house a memo back in may of 2010 warning them that obamacare was spiraling out of control. this memo came from harvard economist david cutler and readed, "i don't believe the relevant members of the administration understand the president's vision or have the capability to carry it out. you need to have people who have the understanding of the political process, people who understand how to work...
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Oct 28, 2013
10/13
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when president obama took office in 2009, the housing market was in freefall, home prices had fallen nearly 20% from the year before, the largest one-year drop ever measured. roughly three million borrowers were seriously delinquent, construction projects and plans came to a halt causing the industry to lose 100,000 jobs a month. across the board we saw dramatic declines. and, of course, these drops represented more than shifting numbers on a spread sheet. they represented people's lives, savings and struggles. so when the president and i took office, we set in place a number of priorities which still guide us today. one, to provide immediate assistance to those in need. two, to work with public and private sector partners to strengthen the housing market and help fuel an overall economic recovery. and three, to insure that a crisis of this magnitude never happens again. so let me start with the first goal, providing immediate assistance to those in need. when i last spoke at your ap yule conference in finish annual conference in 2011, i told you about a number of initiatives we had
when president obama took office in 2009, the housing market was in freefall, home prices had fallen nearly 20% from the year before, the largest one-year drop ever measured. roughly three million borrowers were seriously delinquent, construction projects and plans came to a halt causing the industry to lose 100,000 jobs a month. across the board we saw dramatic declines. and, of course, these drops represented more than shifting numbers on a spread sheet. they represented people's lives,...
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Oct 29, 2013
10/13
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but comprise was all but absent during the recent shut down and president obama repeatedly and publicly refused even to negotiate. and it's what happens which is why we had a government shut down the house makes several attempt at trying to fund the entire government but not obamacare or certain provision of obamacare like delaying the individual mandate when we heard the administration is now even considering delaying it for six weeks as the exchange and especially the web exchanges have proven to be completely unworkable. even so, the administration was arguably using the shut down as leverage to pressure the house republicans in to funding the law because even attempt to reel in part of the government or almost all rejected. i quote from the "the wall street journal" a -- we are winning. it does not matter how long it last bhap matters is the end result. so the house gave in on october 16th and voted to fund -- in the meantime the deficits are more than half a trillion dollars. before the end of the decade, they will rise to $1 trillion levels. the congressional budget office project
but comprise was all but absent during the recent shut down and president obama repeatedly and publicly refused even to negotiate. and it's what happens which is why we had a government shut down the house makes several attempt at trying to fund the entire government but not obamacare or certain provision of obamacare like delaying the individual mandate when we heard the administration is now even considering delaying it for six weeks as the exchange and especially the web exchanges have...
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Nov 5, 2013
11/13
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in 2012 he served as the white house chief of staff. for the past eight months, our nation has been very fortunate. from me personally when i first took this job as secretary of commerce check made me feel like such an injured toe part of the team, welcoming me with open arms with his powerful, humility, and gravitas. i will forever be grateful to him for that generosity. dedicated even-keeled, with smart, integrity. these are just a few of the many words used to describe jack. another word i am proud to call him his friend. ladies and gentlemen, to help us get started on the right foot with an overview of the united states economic performance and the importance of investing here, please welcome united states treasury secretary jack lew. [applause] >> thank you for that very kind introduction. it is great to be here with you this morning. i want to thank the commerce department for hosting the first select u.s.a. summit. i am here today with a simple message. we do not take investment in the united states for granted. we know it is imp
in 2012 he served as the white house chief of staff. for the past eight months, our nation has been very fortunate. from me personally when i first took this job as secretary of commerce check made me feel like such an injured toe part of the team, welcoming me with open arms with his powerful, humility, and gravitas. i will forever be grateful to him for that generosity. dedicated even-keeled, with smart, integrity. these are just a few of the many words used to describe jack. another word i...
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Nov 1, 2013
11/13
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senate republicans today blocked two obama nominees, mel watt for the housing agency and patricia ann -- [inaudible] for u.s. court of appeals. as somewhat of a newby to washington, what does this say about how washington works or doesn't work, and how does this impact you with so many unfilled positions at the interior department? >> i've never seen anything like it in my life. [laughter] it's very different than the private sector. [laughter] very, very different. it takes a little bit longer, has all kinds of complications. but i'm confident that we will round out a strong team led by mike connor. could you just give a wave, even though it's not your style? mike is nominee to be deputy secretary of the department of interior. fantastic, knowledgeable resource. brings a great depth of background. he's through the senate committee. they have agreed to forward his nomination to the full senate, and in that list that's waited to get voted on by the full senate which we hope will be very soon. or nominated by the president to be the assistant secretary for fish, wildlife and parks, curr
senate republicans today blocked two obama nominees, mel watt for the housing agency and patricia ann -- [inaudible] for u.s. court of appeals. as somewhat of a newby to washington, what does this say about how washington works or doesn't work, and how does this impact you with so many unfilled positions at the interior department? >> i've never seen anything like it in my life. [laughter] it's very different than the private sector. [laughter] very, very different. it takes a little bit...
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Nov 1, 2013
11/13
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a live picture of the white house on this friday where today president obama will be meeting with the iraqi prime minister nori al maliki to discuss the framework agreement and a number of regional issues. we will bring at a summit meeting as the ocher. coming up later this morning, a discussion on the director of the international atomic energy agency on the role of the agency plays in monitoring the national nuclear programs and what it does to promote the peaceful use of atomic energy. live coverage gets under way from the woodrow wilson center in washington that starts at 11:30 eastern on our companion network, c-span. wednesday health and human services secretary kathleen sebelius was before a committee to talk about the problems with the healthcare.gov website and the problem people losing their current plans. we will show you that entire hearing on sunday about 10:35 in the morning. until then come here is a portion of the meeting as it took place on wednesday to the >> i want to go to the cost ofud the website and talk n about th website. this is what is happening right now. w
a live picture of the white house on this friday where today president obama will be meeting with the iraqi prime minister nori al maliki to discuss the framework agreement and a number of regional issues. we will bring at a summit meeting as the ocher. coming up later this morning, a discussion on the director of the international atomic energy agency on the role of the agency plays in monitoring the national nuclear programs and what it does to promote the peaceful use of atomic energy. live...
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Oct 29, 2013
10/13
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. >> host: president obama according to the white house was not made aware of this until this summer. what is your reaction to that? >> guest: that is up to him and the white house. f questions,nd o excuse me, greta, someone would ask whether think decide whether or not this president is doing a good job or not of the we settled that in november. that is irrelevant question quitego frankly. that he is never running for re-election. whether he knew about this or benghazi or "fast & furious," other things going on, if you voted for him i suspect you will give him a pass again. if you didn't vote for him you will be outraged. there is not a lost middle ground on issue. >> host: sounds like you doubt he was not made aware of in? >> guest: i have no idea what the president did or did not know on any of these issues. >> host: the chairwoman of the senate intelligence committee, dianne feinstein in her statement yesterday called for total review of nsa spying programs. would you endorse, do you endorse that idea and what would that entail? >> guest: well, certainly endorse reviewing everythi
. >> host: president obama according to the white house was not made aware of this until this summer. what is your reaction to that? >> guest: that is up to him and the white house. f questions,nd o excuse me, greta, someone would ask whether think decide whether or not this president is doing a good job or not of the we settled that in november. that is irrelevant question quitego frankly. that he is never running for re-election. whether he knew about this or benghazi or...